Two Independent Directors end tenure, new one appointed
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Board meeting on 25 July 2026 noted completion of the second and final term of two Independent Directors, Mr. Jaya Prakash Narayana Valluru and Mrs. Earneni Kavitha, who will cease office on 30 July 2026. The company clarifies this is due to term completion and not resignation. Mr. Muttuluri Narsimhappa, a retired IRS officer aged above 75, was appointed as Additional Independent Director. Audit, Nomination and Remuneration, and Stakeholders Relationship Committees were reconstituted.
Routine board refresh with no governance red flags. Two Independent Directors exit after completing their full tenure and one new Independent Director is appointed.